Tandem Diabetes Care Inc’s Bumpy Road: Analyzing the 52-Week Range and Future Prospects

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Tandem Diabetes Care Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $53.69 on 05/31/24, while the lowest value for the same period was recorded at $13.82 on 11/10/23.

52-week price history of TNDM Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Tandem Diabetes Care Inc’s current trading price is -7.67% away from its 52-week high, while its distance from the 52-week low is 258.68%. The stock’s price range during this period has spanned from $13.82 to $53.69. In the Healthcare sector, the Tandem Diabetes Care Inc’s shares surpassed a trading volume of approximately 1.48 million for the day, which was noticeably lower compared to the average daily volume of 9.1.7 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Tandem Diabetes Care Inc (TNDM) has experienced a quarterly rise of 67.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.20B and boasts a workforce of 2400 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 33.59, with a change in price of +23.91. Similarly, Tandem Diabetes Care Inc recorded 1,724,249 in trading volume during the last 100 days, posting a change of +93.18%.

Examining TNDM’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for TNDM stands at 1.96. Similarly, the long-term debt-to-equity ratio is also 1.89.

TNDM Stock Stochastic Average

Today’s raw stochastic average for Tandem Diabetes Care Inc over the last 50 days is 82.52%.This indicates a increase from the raw stochastic average of the past 20 days, which was 63.54%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 76.21% and 80.36%, respectively.

TNDM Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 67.58%.However, over the last six months, we can see a weaker performance of 134.26%. Over the last 30 days, the price of TNDM has fallen by 12.66%. And in the last five days, it has fallen by -7.22%.

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